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Author:Henderson, Jason 

Journal Article
The slow road back for the U.S. livestock industry

Main Street Economist , Issue 4

Journal Article
A resurgent rural economy spurs farmland values

The rural economy broke free from the reins of recession in 2004 with an especially strong performance in the farm sector. Net farm income easily surpassed the record high of 2003. And the weakness that plagued the nonfarm rural economy in recent years appears to have been replaced with stronger job growth and higher incomes. Strong performances in the farm and nonfarm sectors have led to soaring land values. Rising incomes are often capitalized into asset values, and the past year was no exception. Rising rural incomes quickly led to strong land value gains. Since real estate is rural ...
Economic Review , Volume 90 , Issue Q I , Pages 59-82

Journal Article
Coming home to rural America: demographic shifts in the Tenth District

Sweeping demographic shifts are challenging the growth of many rural communities in the Tenth District. The retirement of the baby boomers, coupled with the exodus of young adults, threatens to leave rural areas with a rapidly aging population and a shrinking local workforce. The strength of these demographic changes could hinder economic growth for many rural communities in the future. ; Rural communities in the district, however, are quietly enjoying another demographic shift?a return of middle-aged residents to rural places. This shift may be a promising sign for economic growth and wealth ...
Economic Review , Volume 94 , Issue Q III , Pages 65-90

Journal Article
Recognizing risk in global agriculture: a summary of the 2011 Agricultural Symposium

The recent rebound in agriculture?s profitability combined with projections of burgeoning global demand for food, fiber and fuel suggest the industry has entered a new ?golden era.? Still, the glint of banner profits in agriculture could turn out to be fool?s gold. While many in agriculture have enjoyed booming profits in recent years, market risks have soared amid high and volatile commodity prices.
Main Street Economist , Issue 4

Journal Article
Katrina and Rita : lingering effects on agriculture

Main Street Economist , Issue Oct

Journal Article
Will the rural economy rebound in 2010?

As the U.S. economy emerges from recession, prospects for a rural rebound in 2010 are also rising. After months of sharp contraction, the nation?s GDP rose solidly in the second half of 2009. Rural job losses also slowed as the year progressed, and commodity prices rebounded, spurring some optimism that farm profits could soon stabilize. ; The nation?s economic gains, however, have lacked the strength to spur robust job gains or bolster incomes, raising the specter of another jobless recovery. As the recoveries following the 1990-91 and 2001 recessions struggled to create jobs, rural areas ...
Economic Review , Volume 95 , Issue Q I , Pages 95-119

Journal Article
The impact of the ethanol boom on rural America

Since 2005, surging U.S. ethanol production has helped reshape the rural economy. Ethanol production has increased nonfarm activity in many rural communities. Moreover, increased ethanol production contributed to rising crop prices, increased net returns, and a jump in cropland values both nationally and regionally. However, rising crop prices cut livestock revenues by boosting feed costs. As a result, while ethanol proponents tout the benefits emerging from the ethanol industry, opponents rail against its adverse side effects. Although the expanding ethanol industry has made a sizable impact ...
Regional Economic Development , Issue Apr , Pages 65-73

Journal Article
Will the rural economy rebound with the rest of the nation?

As the U.S. economy slipped into recession in 2001, an already lackluster rural economy lost even more steam. Since 1995, job growth in rural areas has trailed growth in metro areas. But in the wake of last year?s terrorist attacks, national recession, and falling food demand, job rolls in many parts of rural America have not only stopped growing but contracted. Meanwhile, commodity prices have only recently begun to turn around. As a result, farm incomes continue to rely on large government payments.> With the U.S. economy now in recession, the demand for most rural products - farm and ...
Economic Review , Volume 87 , Issue Q I , Pages 65-83

Journal Article
Is this farm boom different?

History has shown that golden eras fade and that farm corrections devolve into farm busts in highly leveraged environments.
Main Street Economist , Issue 5

Journal Article
Will the rural economy rebound with the rest of the nation?

Main Street Economist , Issue Jan

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